Is Ennis, MT a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Ennis has remained a Buyer's Market.
Housing Prices in Ennis, MT
How much do homes in Ennis, MT cost?
Median Sold Price
$700,000
$283/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Ennis was $700,000 in March 2024, up 46.1% from last month, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | - | N/A |
3 Bedrooms | $474.5K | $845K | +78.1% |
4 Bedrooms | - | $700K | N/A |
5+ Bedrooms | $717K | - | N/A |
Summary: Ennis housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 78.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Ennis, MT
How many homes are available in Ennis, MT?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 24 | +9.1% |
Summary: The Ennis real estate market had 24 homes for sale in March 2024, a 9.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 14 | 15 | +7.1% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Ennis housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Ennis in March 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Ennis, MT
How long does it take to sell a home in Ennis, MT?
Average Sale Time
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
80 Days | 93 Days | +15.7% |
Summary: Homes in Ennis had an average of 93 days on market in Mar 2024, up by 15.7% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Ennis; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.